Vandeventer Black Foundation Inc
- Assets
- $354.4k
- Revenue
- $39.9k
- Investments
- $144.0k
- Employees
- 0
- Location
- Norfolk, VA
- Founding
- 06/2007
- Data as of
- 12/2021
- EIN
- 20-3979653
Organization Overview
Vandeventer Black Foundation Inc is located in Norfolk, VA. The organization was established in 2007. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vandeventer Black Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Vandeventer Black Foundation Inc generated $39.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $13.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Geoffrey G Hemphill Director | 0.3 | $0 | |
Christopher Ambrosio Director | 0.3 | $0 | |
Paul Julius Treasurer | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $24,600 |
| Interest on Savings | $21 |
| Dividends & Interest | $11,017 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,246 |
| Capital Gain Net Income | $4,246 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $39,884 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $141 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $496 |
| Total operating and administrative expenses | $2,687 |
| Contributions, gifts, grants paid | $10,705 |
| Total expenses and disbursements | $13,392 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $210,474 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $354,441 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Vandeventer Black Foundation Inc has awarded $10,705 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
CHESAPEAKE HUMANE SOCIETY PURPOSE: BARK IN THE PARK SPONSORSHIP | $500 |
CHILDREN'S HOSPITAL OF THE KING'S DAUGHTERS PURPOSE: CHARITABLE SPONSORSHIP | $500 |
CORPORAL MARK GOYET MEMORIAL FOUNDATION INC PURPOSE: DRINK SPONSORS | $250 |
CHESTERFIELD-COLONIAL HEIGHTS CHRISTMAS MOTHER PURPOSE: SILVER BELLS SPONSORS | $500 |
EGGLESTON SERVICES FOUNDATION PURPOSE: CAPITAL CAMPAIGN | $2,000 |
FOODBANK OF SOUTHEASTERN VIRGINIA PURPOSE: LEGAL FOOD FRENZY REDUX | $1,500 |